Ambac Financial Group, Inc. (AMBC) shares are experiencing a modest uptick today, likely influenced by recent institutional interest. State Street Corp recently increased its holdings in Ambac by 2.6% during the third quarter, adding 42,504 shares to its portfolio. This move, disclosed in a filing with the SEC, indicates growing confidence among institutional investors in Ambac's potential. Additionally, other large investors have also adjusted their positions in Ambac, with Quarry LP and nVerses Capital LLC significantly increasing their stakes in the company over recent quarters.
The current price of Ambac Financial Group, Inc. is $12.21, reflecting a 1.75% increase from the previous close of $12.00. The stock opened at $12.05 today, marking a 1.33% rise from the opening price.